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Fitch Ratings said it affirmed Tunisie Factoring's (TF) national long-term rating at 'BBB(tun)' with a stable outlook. (more…)
#investment#management#risks
Clal Factoring closed 2007 with a factoring volume of $580 million, 65% of which was domestic and 35% International. (more…)
#bonds#factoring industry#international
The Khalifa Fund for SMEs is working on the establishment of a new venture capital fund. (more…)
#Boost#interest#interest rate
Standard Poor's Ratings Services assigned its long-term 'AA-' counterparty credit and insurer financial strength ratings, with a stable outlook, to…
#exports#guarantee#insurance
Muscat Finance Company, one of the leading leasing and finance companies in the region, has proposed a 30% dividend for…
#bank#economy#leasing
The Moroccan Central Bank, Bank Al-Maghrib, has signed a 25 year agreement with Experian services to upgrade and run its Credit…
#bank#conference#international
The Khalifa Fund for supporting SMEs announced that the total value of funding in the past six months reached Dh40m.…
#funding#smes
Oman Qatar Insurance Company (OQIC) has joined hands with Euler Hermes, to provide trade credit insurance solutions in the Sultanate.…
#guarantees#international#International Trade
Bank Leumi is reported to be in advanced talks to set up a joint factoring company with Coface. (more…)
#bank#exporters#international
The Dubai Export Development Corporation will implement a credit insurance scheme for exporters within the next few months. (more…)
#awards#exporters#financial services
National Bank of Dubai and FIMBank plc have announced that MENA Factors Limited, a joint venture between the two banks,…
#bank#exporters#financial services
UAE-based banks, both local and foreign, have mostly stopped issuing letters of credit (LCs) for trade finance. (more…)
Emirates Bank, was named best trade finance provider in the UAE for 2007 by Global Finance Magazine. (more…)
#awards#bank#international